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Posts by Hometown Insurance

World’s Most Popular Password Manager Says It Was Hacked

By Hometown Insurance | August 26, 2022
LastPass, a password manager used by more than 33 million people around the world, said a hacker recently stole source code and proprietary information after breaking into its systems. The company doesn’t believe any passwords were taken as part of …
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Moderna Sues Pfizer/BioNTech for Patent Infringement Over COVID Vaccine

By Hometown Insurance | August 26, 2022
Moderna is suing Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic. Pfizer shares fell 1.4% …
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Girl Awarded $26M over California School Sex Assault

By Hometown Insurance | August 26, 2022
A jury awarded $26 million to a Pasadena special-needs student who was sexually assaulted by three classmates, her lawyers said Wednesday. A Los Angeles County jury in Long Beach ruled this week in a negligence lawsuit against the Pasadena Unified …
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California to Phase out Gas Vehicles to Fight Climate Change

By Hometown Insurance | August 26, 2022
California set itself on a path Thursday to end the era of gas-powered cars, with air regulators adopting the world’s most stringent rules for transitioning to zero-emission vehicles. The move by the California Air Resources Board to have all new …
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Mississippi Cleaning Up After Heavy Rains, Flash Flooding

By Hometown Insurance | August 26, 2022
Heavy rain and flash flooding have prompted evacuations, rescue operations and closures across Mississippi. Rain has pummeled the central and southern parts of the state for the last three days. In statements posted to Twitter, the National Weather Service said …
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Two Law Officers Killed in Helicopter Crash in Tennessee

By Hometown Insurance | August 26, 2022
Federal and state officials are investigating after two Tennessee law enforcement officers died when their helicopter hit power lines and crashed in a wooded area near Chattanooga. Tennessee Highway Patrol Sgt. Lee Russell of the Aviation Division and Marion County …
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Forget Showering, It’s Eat or Heat for Shocked Europeans Hit By Energy Crisis

By Hometown Insurance | August 26, 2022
No more ironing, limited oven use and showering at work – Europeans are trying to keep their energy use down but the bills keep climbing. As wholesale gas and electricity prices surge, millions of people in Europe are now spending …
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U.S.-Listed Companies Will Have to Disclose How CEO Pay Stacks Against Firm Performance

By Hometown Insurance | August 26, 2022
Wall Street’s main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of their top executives squares with overall company performance. The U.S. Securities and Exchange Commission said the rule will require that …
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People Moves: Liberty Specialty Taps Zurich’s Dutta for Financial Risks; Canopius Hires WTW’s Saville for Cat Research; HDI UK & Ireland Promotes Lavey in Liability Team

By Hometown Insurance | August 26, 2022
This edition of International People Moves details appointments at Liberty Specialty Markets, Canopius Group, and HDI Global SE – UK & Ireland. A summary of these new hires follows here. Liberty Specialty Markets Taps Zurich’s Dutta for Financial Risk Solutions …
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Swiss Health Insurer Under Fire for Offering Discount to Members of Pro-Life Group

By Hometown Insurance | August 26, 2022
Swiss-based health insurance company Helsana AG came under fire this week for offering a 10% discount to members of the Pro Life Switzerland organization. Members of the Social Democratic Party of Switzerland wrote a letter to Helsana’s management urging the …
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Recent Posts

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